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  • difference between interest rate apr FAQ


    1) More money. Makes sense, right? If you start saving earlier, you'll have more saved. (Of course, there are exceptions... for example, see the next problem.)

    2) It's almost always better to pay down a credit card than to save the money.


    1) More money. Makes sense, right? If you start saving earlier, you'll have more saved. (Of course, there are exceptions... for example, see the next problem.)

    2) It's almost always better to pay down a credit card than to save the money.


    First Part:
    14000*(0.079/12*(1+(0.079/12))^60)/((1+
    (0.079/12))^60-1) = 283.1999

    For the second part, replace the terms, .079 for .059.

    Sorry, I don't understand part 3.

    After addition:
    Goramit.


    First Part:
    14000*(0.079/12*(1+(0.079/12))^60)/((1+
    (0.079/12))^60-1) = 283.1999

    For the second part, replace the terms, .079 for .059.

    Sorry, I don't understand part 3.

    After addition:
    Goramit.


    Why do you want us to do the math here? What is the point?

    This is something you should learn to do for yourself right now because if you don't learn it while you can, it will handicap you for the rest of your life. These are simple


    Why do you want us to do the math here? What is the point?

    This is something you should learn to do for yourself right now because if you don't learn it while you can, it will handicap you for the rest of your life. These are simple

    difference between interest rate apr news

    Be Store Card Savvy to Reap Rewards

    18.05.12

    CHESTER, England, May 8, 2012 /PRNewswire via COMTEX/ -- Initial discounts can be tempting but could cost more in the long run

    36 per cent of people polled say they use a store card

    Shoppers who are considering taking out store credit to fund new purchases are being urged not to be tempted by initial discount offers and instead shop around for a better deal which could save them money and earn additional rewards in the long run. Analysis by MoneySupermarket.com, comparing credit and store cards from a number of high street retailers, shows a big difference between the interest rates charges, and the rewards on offer.


    Source: MarketWatch (press release)

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